Global Plywood and Lumber Trading LLC, now defunct, pleaded guilty last week to violating the Lacey Act in its purchase of 1,135 cubic meters (3.8 million pounds) of hardwood from three Peruvian suppliers in 2015. 

An investigation found that approximately 92% of the wood that Global Plywood imported was illegally harvested or transported. The company will pay $200,000 in restitution to the Ministry of the Environment of Peru and a $5,000 fine.

Global Plywood dissolved in 2017, “having forfeited and disposed of the illegal timber pursuant to a civil action,” according to the U.S. Department of Justice.